{"schema_version":"secwatch.filing_event.v1","accession":"0001589526-23-000117","form_type":"8-K","ticker":"BLBD","cik":"0001589526","company_name":"Blue Bird Corp","filed_at":"2023-12-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:29.667758+00:00","generated_at":"2026-06-07T16:10:29.945880+00:00","sec_items":["1.01","2.03","3.02","7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Blue Bird forms JV with Generate Capital for electric school bus fleet-as-a-service","bullets":["Clean Bus Solutions JV; Blue Bird and Generate each contribute up to $10M common equity, plus $20M and $80M preferred respectively.","Generate receives warrants for 1M shares at $25.00; two-thirds immediately exercisable, five-year term.","JV provides turnkey electrification: buses, charging, financing, and maintenance for school districts at monthly fee.","Blue Bird commits to promote JV as preferred fleet-as-service offering; excludes similar JVs but allows OEM sales."],"urls":{"canonical":"https://secwatch.observer/filing/0001589526-23-000117","json":"https://secwatch.observer/filing/0001589526-23-000117.json","markdown":"https://secwatch.observer/filing/0001589526-23-000117.md","text":"https://secwatch.observer/filing/0001589526-23-000117.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1589526/000158952623000117/0001589526-23-000117-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1589526/000158952623000117/blbd-20231207.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T16:10:29.945880+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"1305de4781ba54f40538b99550e4dca09d0fad39","claim":"Blue Bird Corp entered into Joint Venture Agreement with GC Mobility Investments I, LLC, a wholly owned subsidiary of Generate Capital, PBC valued at $10 million (effective 2023-12-07).","evidence_excerpt":"On December 7, 2023, Blue Bird Corporation (the “Company”) announced that the Company, through its wholly owned subsidiary, Blue Bird Body Company, and GC Mobility Investments I, LLC, a wholly owned subsidiary of Generate Capital, PBC (“Generate Capital”), a sustainable investment company focusing on clean energy, transportation, water, waste, agriculture, smart cities and industrial decarbonization, have executed a definitive agreement (the “Joint Venture Agreement”) establishing a joint venture named Clean Bus Solutions, LLC to provide a fleet electrification-as-a-service offering using electric school buses (the “Joint Venture”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1589526/000158952623000117/0001589526-23-000117-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"collaboration"},{"label":"Counterparty","value":"GC Mobility Investments I, LLC, a wholly owned subsidiary of Generate Capital, PBC"},{"label":"Value","value":"$10 million"},{"label":"Effective","value":"2023-12-07"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}